WTI crude oil prices are now down almost 55% from the June highs, the impossible just happened... WTI Crude broke into the $40s... the 6-month plunge is the largest since the pre-Lehman plunge and 2nd biggest plunge in 28 years.
WTI back under $50...
Ugly...
Unequivocally not good...
Energy stocks have ropundtripped to pre-Fed levels...
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